March 29, 2018 BY Valentina Kirilova

Crypto banks Coinsuper and BitUN partner, to connect platforms

Coinsuper, Hong Kong's crypto banking & asset exchange expert, and BitUN, a private bank of blockchain assets, have just announced that they have made a strategic partnership agreement. Coinsuper and BitUN will join forces to strengthen long-term cooperation across all trading and customer services, and integrate both parties' advantages on technology, products & services, platform…

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March 29, 2018 BY Valentina Kirilova

Broadridge buys ActivePath, enhances platform to help clients accelerate digital adoption

Broadridge Financial Solutions, Inc. (NYSE:BR), a global fintech firm, announced that it has completed the acquisition of ActivePath, an Israeli-based digital technology company. ActivePath’s technology enhances the consumer experience associated with consumer statements, bills, and regulatory communications. ActivePath extends Broadridge’s ability to transform and accelerate the pace of digital adoption, further strengthening Broadridge’s Governance and…

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March 29, 2018 BY Valentina Kirilova

Intercontinental Exchange releases annual Corporate Responsibility Report

Intercontinental Exchange (NYSE:ICE), operator of global exchanges and clearing houses and provider of data and listings services, has released its annual Corporate Responsibility Report. The report is a comprehensive, 59-page overview of the company’s efforts to support the communities in which it operates, invest in its people, promote principles of good governance, and uphold its…

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March 29, 2018 BY Valentina Kirilova

FTSE Russell promotes Saudi Arabia to Emerging market status

FTSE Russell, the global index, data and analytics provider, informed that it has confirmed that Saudi Arabia will be promoted to Secondary Emerging market status following the March 2018 interim country classification review. FTSE Russell formally reviews country classifications within its FTSE Global Equity Index Series (FTSE GEIS) using a comprehensive, transparent and consistent methodology.…

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Malta Stock Exchange goes live on Deutsche Börse's T7 trading technology
March 29, 2018 BY LeapRate Staff

Malta setting up to become a cryptocurrency exchange center

News that leading cryptocurrency exchange Binance was moving to EU-member island Malta following back-and-forth regulatory moves against the company and crypto exchanges generally in Japan and China, begs for some important questions need to be answered. Will Malta become a crypto-exchange friendly locale, and attract more providers? Why exactly is Malta attractive to exchanges like…

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March 29, 2018 BY Valentina Kirilova

8base launches blockchain-based platform and collaborative ecosystem

8base has announced the launch of its novel collaborative software development ecosystem. 8base leverages blockchain technology to allow software authors, contributors, and users all over the world to work in concert to rapidly and cost-effectively develop and launch enterprise-class software. The company is founded by Albert Santalo, who has a longstanding track record of conceiving,…

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clone firm FCA warning
March 29, 2018 BY Valentina Kirilova

FCA warns against All Purpose Loans clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm All Purpose Loans. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics…

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Hong Kong SFC
March 29, 2018 BY Valentina Kirilova

Hong Kong SFC concludes consultation on online platforms

The Hong Kong Securities and Futures Commission (SFC) has released consultation conclusions on proposed Guidelines on Online Distribution and Advisory Platforms. The guidelines provide tailored guidance to the industry on the design and operation of online platforms, including specific guidance on the provision of automated or robo-advice. The guidelines also clarify that the posting of…

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SFC fines
March 29, 2018 BY Valentina Kirilova

FINRA fines Aegis Capital Corp. $550,000

It's a tough day for Aegis Capital Corp. getting fined not once, but twice - this time by the Financial Industry Regulatory Authority (FINRA). The amount was $550,000 and the reason was failing to have adequate supervisory and anti-money laundering (AML) programs tailored to detect "red flags" or suspicious activity connected to its sale of…

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